U.S. gold futures gained 1 percent on Wednesday, driven by a return to bargain hunting after prices dropped the previous day, while a rebound in the euro against the U.S. dollar also spurred buying.**
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Gold rebounded on Tuesday after posting its biggest one-day loss in a month in the previous session on growing worries about another economic downturn, but a weaker U.S. dollar could offer some support.
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The euro edged up against the dollar on Monday, bouncing back from an early drop as some market players covered short positions following its slide on European haggling over a second Greek bailout and reduced expectations for euro zone rate hikes.
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Gold gained on Friday as mounting worries about a Greece debt default prompted buying from investors, while silver regained strength after tumbling from a two-week top in the previous session.**
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